Ask Ben.
Ask Ben.
(904) 595-8967

Benjamin Subercaseaux, Sales Associate · Florida Homes Realty & Mortgage

$6,500,000

49 DOLPHIN Drive, St. Augustine, FL 32080, St. Augustine, FL 32080

Davis Shores

Price
$6,500,000
Beds / Baths
8 / 7
Living area
7,889 sqft
Year built
1969
Type
Residential
Lot
0.53 ac
Garage
2
HOA
None
CDD
No
Flood zone
Unknown
County
St. Johns
Days on market
36
Elementary
R. B. Hunt
Middle
Sebastian
High school
St. Augustine

$824/sqft asking, vs a $318/sqft median across 527 closed sales in 32080 over the last 12 months — 159% above the area's closed prices. Condition and lot vary; that's what a showing is for.

Steeped in the rich history of St. Augustine and set along the shimmering Intracoastal Waterway, this extraordinary Davis Shores waterfront estate is a rare offering where historic significance meets modern luxury. Once the residence of Elizabeth Davis-the namesake behind the iconic Davis Shores neighborhood-this remarkable property is one of the community's original homes, thoughtfully preserved while offering nearly 8,000 square feet of exceptional waterfront living with unparalleled views of the Intracoastal and the skyline of historic downtown St. Augustine. Privately positioned on just over half an acre, the estate welcomes you with a gated circular drive and an impressive arrival that hints at the grandeur within. Designed for both elegant entertaining and comfortable everyday living, the main level features a spacious kitchen that captures uninterrupted water views while overlooking the expansive living room, allowing the beauty of the Intracoastal to become part of every gathering. Double glass doors open to a sophisticated formal dining room, while a second set leads to a warm and inviting family room or den, creating multiple spaces to entertain or unwind. The first floor also offers three spacious guest bedrooms connected by a shared bath, including one unforgettable bedroom featuring a custom-built pirate ship - a whimsical space certain to become a favorite for family and guests alike. A spiral staircase leads to the second level, where architectural character continues throughout. The private primary suite is nestled within an atrium-inspired setting and features its own waterfront balcony, a walk-in closet, an oversized walk-in shower, and both a full bath and private half bath, creating a true owner's retreat. Upstairs also offers a generous bonus family room, additional guest bedrooms, a hidden room discreetly tucked away off the loft, and two charming bedrooms complete with hideaway lofts, adding a sense of discovery and individuality rarely found in today's homes. Beyond the residence, the outdoor living experience is nothing short of spectacular. Framed by mature landscaping and sweeping water views, the expansive backyard features a sparkling pool, private dock, protective bulkhead, and endless opportunities to embrace the waterfront lifestyle-from boating and paddleboarding to watching dolphins play and enjoying spectacular sunsets over the Intracoastal with the lights of historic downtown St. Augustine creating an unforgettable evening backdrop. Rich in history, extraordinary in scale, and unmatched in location, this landmark estate offers a once-in-a-generation opportunity to own a piece of St. Augustine's legacy. Combining timeless architectural charm with the luxury of waterfront living just minutes from world-class dining, shopping, marinas, and the nation's oldest city, this is far more than a home-it is a piece of history destined to become part of your family's story. Be sure to watch the video!

What to check on this one

  • Verify flood zone designation and elevation certificate requirement with county.
  • Order 4-point inspection and wind-mitigation report—home is 57 years old.
  • Confirm roof age and material; get roofing contractor estimate for replacement timeline.
  • Review seawall/bulkhead condition and maintenance records; get marine surveyor if needed.
  • Inspect plumbing material (polybutylene/cast-iron common in 1969); get plumber assessment.
  • Verify pool equipment age, permits, and current maintenance contract status.

Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.

What this home really costs per month

Principal & interest$33,727/mo
Property tax (1.1% eff., St. Johns Co.)$5,958/mo
Homeowners insurance (est.)$3,792/mo
All-in monthly (est.)$43,477/mo

Loan $5,200,000 at 6.75% · 30 yr

Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.

Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE. Data via realMLS (Northeast Florida MLS), updated Aug 25, 2026, 1:16 PM.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.